India, Aug. 17 -- Edward Jones, the financial services firm headquartered in St. Louis County, has planned to carry out layoffs as part of a companywide restructuring effort. The company says on its website that it has "consistently" been ranked "among the best companies to work for by FORTUNE magazine, and our employees tend to stay with us for years."

The website adds, "As a privately-owned company, Edward Jones has a very personal feel that's almost like family. Out of our partnership structure grows a spirit of collaboration. We have a shared focused on doing what's best for our clients, our communities and one another."

An Edward Jones spokesperson told Fox 2 in a statement on Friday, August 15, "As we continue our journey to serve...